Get the magazine read by the nation’s top 1% of producers delivered to your door monthly. Subscribe Now
Brian O'Connell is a former Wall Street bond trader and author of the best-selling books, such as The 401k Millionaire. He's a regular contributor to major media business platforms. He resides in Doylestown, Pa. Brian may be reached at [email protected]
Eighty-nine percent of investment professionals say heavy documentation demands affect their ability to efficiently produce thorough, timely records. The same 89 percent say compliance demands limit their ability to get “face time” with clients.
General Electric was removed from the Dow Jones Industrial Average this week in a move that signals transition within the company. Some experts say the Dow could withstand some reorganization of its own.
New survey data shows that high-net-worth clients want more personalized service from advisors, not just big returns. These clients want a personal touch that shows some concern and interest in the family’s lives, experts say.
A new survey yields revealing thoughts from 300 advisors, RIAs and broker-dealers on financial market challenges and managing client portfolios in a risk-laden market environment.
U.S. market returns have outpaced foreign equities since the 2007-08 economic recession. But that is changing, analysts say, with foreign market performance indices edging ahead in recent months. Many analysts expect that trend to continue.
Millennials and GenXers are going to comprise a much larger piece of the client pie by 2023, according to a new survey. On the flip side, baby boomers and older clients will decline in numbers. Advisors need to learn strategies to appeal to the trending youth, experts say.
Americans can retire abroad for a fraction of the costs needed in the U.S., and many are doing just that. Advisors have an opportunity to be the indispensable partner while helping clients through the retire-abroad process.
Many global dividend payouts are at an all-time high as the world economy chugs along. So why aren’t more investors on the hunt for dividend-paying stocks?
Current pricing in federal funds futures markets suggests a 95 percent chance of a rate hike when the Fed committee meets Tuesday and Wednesday. Rising inflation and still-low interest rates are reasons another hike is likely.
Surveys indicate that between 40 and 60 percent of Americans list running out of retirement funds as their No. 1 fear. So what can an advisor for to help clients deal with that fear, and make sure it doesn’t come true?
Financial advisors have the opportunity to grow their practice and gain name recognition by doing podcasts, either as a host, or a guest. Experts provide a few dos and don’ts for those thinking about it.
After the Federal Reserve hiked interest rates by 0.25 percent, banks, especially online financial institutions, started to move CD rates up toward 3 percent. Is it enough to move money?
Are Morningstar ratings a useful tool for investors, or an overrated tool of the past? Money managers weigh in and say the answer might be a little of both.
A new service intends to rank advisors against one another based on performance managing money. Is it a fair and worthwhile endeavor?
New evidence shows data thieves are increasingly targeting the financial services industry. Surveys show Americans have little trust in the safety of their personal data, something experts say financial services should be proactive to correct.
The global market selloff is sounding alarms for many investors who fear a bear market. But while experts say that could happen, indicators are not pointing toward anything but continued market growth at the present time.
Millennials want to hear more than just ‘pay debt, save money and plan for retirement’ from their financial advisors. Retaining those valuable young clients means listening to what they want, experts say.
As regulatory activity increases, more and more advisors are going the independent route, partly to reduce the cost obligations of compliance as a broker-dealer firm.
A new survey finds Americans opposed to giving the federal government more say in their retirement planning. Respondents much prefer their employers sponsor retirement plans.
Several things contribute to clients outgrowing their advisors. In particular, advisors should be wary of these six things as they could be signs their client is ready to move on from the relationship.
Markets continued to be roiled by uncertainty, from the U.S. trade wars with China to potential conflicts with rogue nations. Money managers are looking at various strategies to safeguard investors’ assets.
Traditional advisory payment models are steadily disappearing as younger clients expect flexibility and competitive fees. With that in mind, many advisors are creating new payment options that are gaining favor.
A new Chubb survey finds that clients want their advisor to deliver property & casualty solutions, but only 28 percent of advisors offer these coverages.
A peek at leading indicators are signaling that further economic growth and stock market gains lie ahead, economic analysts say. In particular, manufacturing production and consumer confidence.
Planning experts offer advice on crafting a responsible retirement plan that takes into account sharply rising health care expenses. A retirement plan that shorts health care planning can leave a client high and dry, they say.
What if you have a client who needs to make a significant withdrawal during a bear market early in retirement? That scenario can devastate a nest egg, and avoiding it takes plenty of planning.
Tax experts say money managers can expect more tax planning than usual this season, as advisors and clients get familiar with tax reform.
Optimism in the U.S. economy remains up among high-net-worth investors, but concerns are creeping in, a new survey finds. Inflation, tax changes and interest rates are chief among them.
A September agreement on a two-day deadline for completion of a securities’ transaction might not be in place very long. Some factions are pushing for a one-day cycle, analysts say.
The Tax Cuts and Jobs Act eliminated the alimony tax deduction, which analysts say could prompt a spate of 2018 divorce filings, especially among high earners. Advisors should be prepared to untangle the finances.
Most clients are great, but some are not. Where do you draw the line with rude, demanding and/or stress-causing clients? We offer five best-practice tips.
The GOP tax reform bill is prompting more U.S. companies to bring financial advisory help in-house to help workers maximize their 401(k) plan participation.
The Dow Jones tanked badly over the first few days of February, spreading fear among investors. But analysts say the market is fine and the “correction” was much needed.
Wall Street players are happy with the steady hand promised by new Fed Chair Jerome Powell. The biggest issue by far is how the Fed handles interest rates and inflation and Powell is not pushing any drastic moves.
While millennials are big fans of robo-advice, older investors from the baby boomer generation are driving the concept, a new survey found. Aside from retirement services, older investors put fees and relaxation at the top of their list of concerns.
Forty seven percent of caregivers have had to tighten their belts financially because of their caregiving responsibilities, a report found. An alert financial advisor can help the caregiver avoid financial hardship.
Is dollar cost averaging a better strategy during a volatile stock market such as the 2018 version? That depends on who you ask. Experts caution investors to consider a range of variables.
Delaying Social Security us a time-honored strategy that can net a client up to 8 percent a year in benefits’ growth. But experts recognize there are times when an advisor must get on board with taking benefits early.
When it comes to planning for long-term care, advisors and clients have three main options — self-insure, long-term care insurance and life insurance with a long-term care rider. All have positives and negatives.
With the Fed predicting interest rate increases this year, advisors should consider Internet bank savings accounts as a safe alternative to help clients realize gains.
Should brokers be able to call themselves “financial advisors?” One organization doesn’t think so, and has sent a letter to the Securities and Exchange Commission asking the agency to police the title use.
Many factors — among them, economic surprises, strong manufacturing activity, and a weak U.S. dollar — point to continued strong earnings across all sectors through 2018, economic analysts say.
The U.S. economy is rolling along on all cylinders. But analysts say there are reasons for concerns as many impacts are expected through the end of the year.
Turnkey asset management programs (TAMPs) have grown significantly in recent years, but that growth might be coming to an end due to a variety of factors.
The stock market continues to hum along generating strong growth, but could a correction be around the corner? Some analysts say real estate lending offers investors correction protection while maintaining strong returns.
Survey data is finding that younger investors are not benefiting from the bull stock market nearly as much as they should. Moreover, many young people don’t have much knowledge, or pay much attention to their investments.
Some advisors are torn over the value of long-term care insurance. Since most recipients will end up using the insurance, some say price hikes are inevitable. Others say no product or strategy better protects clients from end-of-life risk.
New investor confidence indices, along with the tax reform bill, point to another strong year on Wall Street. The key for advisors is to keep antsy investors from getting distracted by huge market gains.
The latest J.D. Power investor study found that nearly half of “emerging affluent investors” are likely to walk away from their current wealth management firm. What are advisors doing wrong?
A new survey confirms that divorce is highest in January, as couples look to move on after the holidays. More distressing is how many married people are unprepared for the financial burdens that come with splitting up.
Artificial intelligence investments are returning strong growth to investors and the future looks bright, if a little uncertain. Experts share a few tips to keep in mind when considering AI investments.
A new financial designation program from the American College is designed to meet the needs of advisors in a complex environment, experts say.
Exchange-traded funds moved past $4 trillion in global assets in 2017 as investors were drawn by low fees. Analysts expect that trend to continue as low-fee funds continue gaining popularity across investor segments.
Many advisors are confusing financial plans with retirement plans and clients could suffer in the end, analysts say. The differences can be small, but important if client’s don’t fully understand.
Higher interest rates, increased inflation, and stronger market volatility are some of the reasons that investors should eye the stock market warily in 2018. Can the good times continue?
Nearly 75 percent of investors fear a market downturn, yet a new survey indicates they are doing little to hedge against it. Analysts offer several strategies for smart investing to protect those retirement funds.
Income-generating assets should not be parked in places where gains are taxed.
Clients say they want information about environmental, social and governance (ESG) investments, but advisors have been slow to respond. The reasons for this are many, experts say.
As Americans consider retirement options, some are choosing to spend their golden years overseas. A good advisor can be a crucial asset for to clients pondering the pluses and minuses of such a move.
General Electric’s decision to cut its dividend payout in half puts a dent in many retirement nest eggs. It also highlights the dangers in investing in dividend-paying stocks.
